New Momentum Valuation
| NNAX Stock | USD 0.0005 0.0001 25.00% |
New Momentum seems to be overvalued based on Macroaxis valuation methodology. Our model forecasts the value of New Momentum from analyzing the firm fundamentals such as Return On Asset of -1.25, shares outstanding of 176.17 M, and Operating Margin of (0.27) % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that New Momentum's price fluctuation is out of control at this time. Calculation of the real value of New Momentum is based on 3 months time horizon. Increasing New Momentum's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since New Momentum is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Pink Sheet. However, New Momentum's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 5.0E-4 | Real 4.54E-4 | Hype 5.63E-4 | Naive 5.26E-4 |
The intrinsic value of New Momentum's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence New Momentum's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of New Momentum helps investors to forecast how New pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of New Momentum more accurately as focusing exclusively on New Momentum's fundamentals will not take into account other important factors: New Momentum Total Value Analysis
New Momentum is now forecasted to have valuation of 2.31 M with market capitalization of 1.25 M, debt of 373.27 K, and cash on hands of 104.31 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the New Momentum fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
2.31 M | 1.25 M | 373.27 K | 104.31 K |
New Momentum Investor Information
About 84.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.0. New Momentum had not issued any dividends in recent years. The entity had 5:1 split on the 28th of June 2011. New Momentum is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March.New Momentum Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. New Momentum has an asset utilization ratio of 1697.28 percent. This suggests that the Company is making $16.97 for each dollar of assets. An increasing asset utilization means that New Momentum is more efficient with each dollar of assets it utilizes for everyday operations.New Momentum Ownership Allocation
New Momentum maintains a total of 176.17 Million outstanding shares. New Momentum secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 84.34 % of New Momentum outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.New Momentum Profitability Analysis
The company reported the previous year's revenue of 1.29 M. Net Loss for the year was (287.76 K) with profit before overhead, payroll, taxes, and interest of 5.39 K.About New Momentum Valuation
Our relative valuation model uses a comparative analysis of New Momentum. We calculate exposure to New Momentum's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of New Momentum's related companies.New Momentum Corporation develops and operates an online ticketing platform under the Gagfare.com name. The company also offers its services through Gagfare mobile application. New Momentum is traded on OTC Exchange in the United States.
8 Steps to conduct New Momentum's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates New Momentum's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct New Momentum's valuation analysis, follow these 8 steps:- Gather financial information: Obtain New Momentum's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine New Momentum's revenue streams: Identify New Momentum's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research New Momentum's industry and market trends, including the size of the market, growth rate, and competition.
- Establish New Momentum's growth potential: Evaluate New Momentum's management, business model, and growth potential.
- Determine New Momentum's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate New Momentum's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
New Momentum Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 176.2 M | |
| Retained Earnings | -4.8 M |
Additional Tools for New Pink Sheet Analysis
When running New Momentum's price analysis, check to measure New Momentum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Momentum is operating at the current time. Most of New Momentum's value examination focuses on studying past and present price action to predict the probability of New Momentum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Momentum's price. Additionally, you may evaluate how the addition of New Momentum to your portfolios can decrease your overall portfolio volatility.